News

POLAND Segro is planning to introduce intelligent roof surface monitoring in each of its Polish warehousing parks by the end of the year.

POLAND This year promises to be a busy time for Gemini Holding, with the expansion of Gemini Park Tychy and the refurbishment of its two other shopping centres in Tarnów and Bielsko-Biała as well as improvements to tenant mixes and further investment plans.

Warehouse & industrial

Raben still expanding

Opr./edited by TC

POLAND/GERMANY German logistics provider Raben Group generated EUR 1.2 bln in revenue in 2019 – an increase of 8 pct y-o-y.

Public buildings

Smarter and more exotic

Opr./edited by TC

POLAND Sosnowiec city council has announced a tender for the construction of the Centrum Edukacji Ekologicznej – Egzotarium environmental education centre.

European construction rises

Office & mixed-use development

EUROPE In November 2019, seasonally adjusted production figures for the construction industry in the European Union increased by 1.1 pct m-o-m, according to Eurostat, the statistical office of EU.

Skanska tweaks tower design

Tomasz Szpyt-Grzegórski

POLAND Skanska has unveiled new visualisations of the 140m tower it is developing on the Rondo Daszyńskiego roundabout in central Warsaw. Some changes have also been made to the layout of the interiors and the space around the building.

Prologis sees earnings drop

WORLD Prologis recorded net earnings of USD 1.567 bln in 2019, down from USD 1.643 a year earlier. Net earnings per diluted share were USD 2.46 compared with USD 2.87 in 2018.

Aleja to open in March

SLOVENIA The Aleja shopping centre under development by SES Spar European Shopping Centers in Ljubljana’s Šiška district is to open on March 19th 2020.

Galerija Centrs sale tops Latvian investment ranking

LATVIA The sale of the Galerija Centrs in Riga by Linstow to Baltic Horizon Fund topped the Top 10 largest real estate investment deals in 2019 in the country, according to Colliers International.

Warehouse & industrial

Panattoni to build again near Białystok

Alex Hayes
journalist

POLAND Panattoni Europe has fully leased Panattoni Park Białystok I and has announced that it is to develop 35,000 sqm in Panattoni Park Białystok II to be delivered this year.

Brest needs implant – of capital

Tomasz Cudowski
editor-in-chief

BELARUS The Ministry of Economy has put up for sale two existing shopping centres in Brest.

Inpost turns it up to eleven

Opr./edited by TC

POLAND Inpost is to open a 9,100 sqm sorting plant in KJF Park Balice in the greater Kraków area.

Biedronka and Jysk in Tarnovia

Opr./edited by AKL

POLAND Biedronka is the new grocery anchor of Galeria Tarnovia in Tarnów. Cream Property Advisors has also secured Jysk as a tenant of the centre, adding a home and garden store to its tenant mix.

M7 sells three Polish assets

POLAND British investor M7 Real Estate has sold two office buildings in Poznań and Zgorzelec Plaza in western Poland on behalf of its PVBRI vehicle.

KGAL buys Prosta Office Centre

POLAND German investment and asset managment company KGAL has bought the Prosta Office Centre building in Warsaw’s Wola district from Cromwell Property Group for one of its real estate funds.

South-African investor buys Obi stores

POLAND South-African investor Marr Holdings has bought two stores leased to DIY store OBI in Gdańsk and Łódź from Chariot Group.

Satisfying year for Gemini Park Tychy

Opr./edited by AKL

POLAND Gemini Park Tychy, the largest shopping centre in the Silesian town, gained eleven new tenants last year, which together leased 4,500 sqm gla.

Technology

Piaseczno aiming to get smarter

Opr./edited by AZ

POLAND Emitel has designed and installed a network of sensors for smart city systems for Piaseczno, on Warsaw’s southern outskirts.

Carrefour to take on Tesco in Magnolia

POLAND The Polish competition authorities (UOKiK) have received an application from Carrefour Polska for the approval of the takeover of the Tesco store in the Magnolia centre at ul. Legnicka 58 in Wrocław.

Blåkläder enters Poland